Dekon Food and Agriculture Group Expects to Turn to Profit in 2024

MT Newswires Live

2025/01/23

Dekon Food and Agriculture Group (HKG:2419) anticipates a profit before biological assets fair value adjustments between 3.10 billion yuan and 3.30 billion yuan for 2024, against a loss of 1.28 billion yuan logged for 2023, a Thursday Hong Kong bourse filing said.

The company attributed the expected turnaround to a decrease in feed prices, an increase in the sales prices of pigs, and a decrease in the company's production costs.

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